(a)-(d) [Reserved]
(e)(1) U.S. Dollar advances to for-profit organizations for any award, including advances for disbursement to grantees, must be processed and approved in accordance with ADS Chapter 636.
(2) All local currency advances to for-profit organizations for any award require the approval of the head of the contracting activity, with concurrence of the Mission Controller.
[79 FR 74995, Dec. 16, 2014]
authority: Sec. 621, Pub. L. 87-195, 75 Stat. 445, (
22 U.S.C. 2381) as amended; E.O. 12163, Sept. 29, 1979, 44 FR 56673; 3 CFR, 1979 Comp., p. 435
cite as: 48 CFR 732.402